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michellee
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February 01, 2022, 09:48:56 AM
 #261

One of the things most people failed to understand is the fact that gambling has its public perception which the society mostly don't celebrate, so most gambler when there is a big winning will rather be on a low key with the rewards in other not to attract public attention.
And on the other hand, some others will show their winning to the whole public by buying assets such as real estate and cars and can publicly show it off.
Besides that, some countries where gambling is prohibited can not feel it is right if someone wins a lot of money from gambling. People around them will say that person should not play gambling because the win money will be "hot money" that can vanish anytime. So that is why it is better if those people who win a lot of money from gambling needs to be silent and not tell too many people. But they can tell some people they know that they can accept that they win the money from gambling.

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February 01, 2022, 09:56:45 AM
 #262

Gambling is not a die affair where a gambler will be trying hard to win a bet or bets. This is a serious issue which should be avoided so that it will not have a later effect. Gambling small and winning big should be the ultimate, not gambling with all curiosity to win a bet. Once you play and you could not win, it is better to continue another day rather than playing again.
Discipline is important in gambling.
This should be followed because this is the correct way of gambling but sadly almost 90 percent of gamblers will gamble to revenge what they have lost so in their heads its always win win win and no lose.

I think this mindset is not bad but if done in other aspects in life like if you learn a skill and its hard at the beginning, you know that you should not give up because usually there is no money involved with it but in a real gambling it has, money is the main character here. Right now, I am following that routine mentioned above which is try on next day if no win because I observed that I cant win anymore once i win already on that day or also if I lose in my first deposit.

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February 01, 2022, 10:50:29 AM
 #263

One of the things most people failed to understand is the fact that gambling has its public perception which the society mostly don't celebrate, so most gambler when there is a big winning will rather be on a low key with the rewards in other not to attract public attention.
And on the other hand, some others will show their winning to the whole public by buying assets such as real estate and cars and can publicly show it off.
Besides that, some countries where gambling is prohibited can not feel it is right if someone wins a lot of money from gambling. People around them will say that person should not play gambling because the win money will be "hot money" that can vanish anytime. So that is why it is better if those people who win a lot of money from gambling needs to be silent and not tell too many people. But they can tell some people they know that they can accept that they win the money from gambling.

Well maybe we can yes its true since provably whales want to protect their identity and they don't want to create any noise towards what they are doing over the net especially upon gambling so I don't expect that huge bettors here will flaunt their victory since they might be at risk to get disturb by other players or target by beggars who ask for little tip for the winnings they got.

R


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February 01, 2022, 02:10:16 PM
 #264

I lost more than I won, I think most of us can share the same story. But the moral here is that caring too much about winnings is a lose-lose strategy. I simply play my favourite games and I pay to play them. If I manage to win, that's great, if not, well, I have paid my time in a casino.

I also have the impression that it is almost impossible to beat the casino and therefore, the percentage of losses will be higher than winnings. I am new to gambling and therefore, I would like to hear the opinions of experienced players. What is your average win/loss ratio? Please share your approximate statistics.
The average ratio is always against you in both RNG-based and live casino games. When you deal with RNG-based game, your RTP is below 100%, which means that you can't win in long term. However, the idea is to have bigger wins over smaller losses (like a money management strategy in trading or something). Anyway, most big wins are made by a single stake like jackpots, etc. If you simply use the same amount of stake, you will lose. the good news is that most gamblers understand this idea and play for fun. If they win something greater than their stake amount, they are happy, but never forget about this math that is always against the gambler's odds in long term.
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February 01, 2022, 02:15:49 PM
 #265

even then the chance is very small because indeed what I feel right now when we lose in gambling and continue to gamble it will only increase losses because indeed we are already hot and rely on emotions in gambling.
I personally, if I have lost in gambling today then I will finish and start again when my heart is calm because it will have a very severe impact when our hearts are hot because we lose but continue to insist on gambling
like what @desmong said 'Discipline is important in gambling' it's the right sentence. self-discipline such as managing emotions and also finances when playing gambling is something that must be done if we want to come out as a winner when gambling, sounds trivial but many gamblers fail to apply it (including me it's still a little difficult to do that).

I have a mentor who always reminds me to invest, trade or gamble with a cool head. if you are able to play with a cool head then 'show your victory' with pride and satisfaction Wink
simple words and it is true that most gamblers fail to apply this in their gambling and it is indeed very difficult to do so because the benchmark for most gamblers, especially for people who don't really think twice about doing something, they only focus on winning a lot so they don't think about discipline and indeed all they think about is winning and that's all.
Mentors can be said to be quite good even though they are just to remind us and indeed I think when we can't regulate and control ourselves, at least someone reminds us

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February 01, 2022, 03:38:33 PM
 #266

I lost more than I won, I think most of us can share the same story. But the moral here is that caring too much about winnings is a lose-lose strategy. I simply play my favourite games and I pay to play them. If I manage to win, that's great, if not, well, I have paid my time in a casino.

I also have the impression that it is almost impossible to beat the casino and therefore, the percentage of losses will be higher than winnings. I am new to gambling and therefore, I would like to hear the opinions of experienced players. What is your average win/loss ratio? Please share your approximate statistics.

Most people are losing in gambling and the winning percentage is really very less. That's maybe one reason we hear people telling about their loses and very few tell us about their wins in gambling.
Also, i think those who win big in gambling do not tell us because they do not want to be noticed or they want to avoid taxes on their gambling gains.
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February 02, 2022, 02:32:58 AM
 #267

One of the things most people failed to understand is the fact that gambling has its public perception which the society mostly don't celebrate, so most gambler when there is a big winning will rather be on a low key with the rewards in other not to attract public attention.
And on the other hand, some others will show their winning to the whole public by buying assets such as real estate and cars and can publicly show it off.
Besides that, some countries where gambling is prohibited can not feel it is right if someone wins a lot of money from gambling. People around them will say that person should not play gambling because the win money will be "hot money" that can vanish anytime. So that is why it is better if those people who win a lot of money from gambling needs to be silent and not tell too many people. But they can tell some people they know that they can accept that they win the money from gambling.

Well maybe we can yes its true since provably whales want to protect their identity and they don't want to create any noise towards what they are doing over the net especially upon gambling so I don't expect that huge bettors here will flaunt their victory since they might be at risk to get disturb by other players or target by beggars who ask for little tip for the winnings they got.
Indeed. I already say some friends in one of my chat groups show their big winning and make many friends asking to celebrate the winning moment and ask for a tip too hahaha.

That person who won the games feels that sometimes he is okay with that but in other times, he feels that those friends are too annoyed by asking that. But some others ask about his strategy and how he can win that big money.

.
SPIN

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February 02, 2022, 03:10:06 AM
 #268

Are you referring to the slip or the receipt of the gambling games?. well i don't have because most of my bets lose in gambling slot games i don't have any idea how to play with the card games so most of the time I played only in slot games and also one of my favorite is the e-sports/sports bet because i have knowledge with the game stats and current team line ups. I dont wage like almost 100$ above just a casual gambler.
I lost more than I won, I think most of us can share the same story. But the moral here is that caring too much about winnings is a lose-lose strategy. I simply play my favourite games and I pay to play them. If I manage to win, that's great, if not, well, I have paid my time in a casino.

I also have the impression that it is almost impossible to beat the casino and therefore, the percentage of losses will be higher than winnings. I am new to gambling and therefore, I would like to hear the opinions of experienced players. What is your average win/loss ratio? Please share your approximate statistics.

Most people are losing in gambling and the winning percentage is really very less. That's maybe one reason we hear people telling about their loses and very few tell us about their wins in gambling.
Also, i think those who win big in gambling do not tell us because they do not want to be noticed or they want to avoid taxes on their gambling gains.

Even we lose alot than the winning still sometimes we didn't sink into us that we are losing a lot but instead we keep playing because we know to ourselves we are still winning.

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February 02, 2022, 03:13:30 AM
 #269

Even we lose alot than the winning still sometimes we didn't sink into us that we are losing a lot but instead we keep playing because we know to ourselves we are still winning.

I'm not really sure I understand what it is you're saying here, but oddly, I agree to an extent.  I typically gamble when I'm going to watch a game and want some extra excitement.  Whether this is betting on individual players on both teams or betting on a single team to win, etc...  It adds a little something for you to cheer for.  As someone who is a fan of sports in general and not so much teams, I really enjoy having the option to make player bets as well as betting different teams for enjoyment.  In that sense, win or lose, I make sure to always get my money's worth.  I don't bet huge amounts as to not do anything that would bring me disappointment, but I do bet frequently for the fun of it, and when you gamble for fun it is true that you always win.  Smiley

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February 02, 2022, 05:56:12 AM
 #270

I lost more than I won, I think most of us can share the same story. But the moral here is that caring too much about winnings is a lose-lose strategy. I simply play my favourite games and I pay to play them. If I manage to win, that's great, if not, well, I have paid my time in a casino.

I also have the impression that it is almost impossible to beat the casino and therefore, the percentage of losses will be higher than winnings. I am new to gambling and therefore, I would like to hear the opinions of experienced players. What is your average win/loss ratio? Please share your approximate statistics.

Most people are losing in gambling and the winning percentage is really very less. That's maybe one reason we hear people telling about their loses and very few tell us about their wins in gambling.
Also, i think those who win big in gambling do not tell us because they do not want to be noticed or they want to avoid taxes on their gambling gains.

If the probability of losing is high and the probability of winning extremely small, then statistically a beginner like me is more likely to fail than to make a good profit. Can I quit this? Smiley Moreover, there are no role models in the face of millions of winning players who, if they exist, prefer not to advertise it because of taxes.

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February 02, 2022, 07:40:21 AM
 #271

If the probability of losing is high and the probability of winning extremely small, then statistically a beginner like me is more likely to fail than to make a good profit. Can I quit this? Smiley Moreover, there are no role models in the face of millions of winning players who, if they exist, prefer not to advertise it because of taxes.
We do not know the probability of losing. We only know that the probability is about 50:50 before you play gambling and once you play, the probability of winning can reduce, especially if you do not win any. You can quit gambling anytime you want and we do not force you to play gambling all day long because you will get the risk and lose your money. Before you lose too much money, it is better to quit the games and leave the casinos to prevent big losses.

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